Robinhood's perps for U.S. customers: 10x on two coins, 3x on the other six

🔸 $BTC and $ETH: up to 10x
🔸 SOL, XRP, DOGE, ADA, LINK, HYPE: 3x
🔸 fee: 0.01% per trade, through the end of the year
🔸 launch: "in the coming months", no date

Vlad Tenev calls it America's first true perps
the CFTC approved a bitcoin perp for Kalshi back in May, so "first" is carrying a lot there)

so this is an onshore desk going after the U.S. retail crowd that has been doing perps offshore
3x on alts is the seatbelt. that's the product

I hold neither $BTC
nor $ETH
right now
watching this one from the bench
#Robinhood #PERPS #CFTC